Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.

Wall Street futures rose with gains from tech giants like Meta and Tesla after the Federal Reserve paused its rate-cutting cycle. Meta and Tesla's positive reports contrasted with Microsoft's disappointing cloud forecast.

However, the U.S. stock market could move sharply on Jan. 29 and Jan. 30 based on commentary from the Federal Reserve, and earnings results from several "Magnificent Seven" companies: Apple ( AAPL 3.65%), Meta Platforms ( META 2.19%), Microsoft ( MSFT 2.91%), and Tesla ( TSLA 0.24%). Read on for details.

U.S equity future edged higher in early Wednesday trading, while the dollar extended gains and Treasury yields dipped, as investors looked for clarity on two key issues from today's Federal Reserve rate decision and fourth quarter earnings updates from three megacap tech giants.

US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.

The Federal Reserve is widely expected to hold its benchmark interest rate steady Wednesday, taking a pause after cutting short-term rates [by a full percentage point](

Meta Platforms rose 2.4% in premarket trading after beating estimates for fourth-quarter revenue, but predicted that sales in the current first quarter might miss estimates. Tesla added 2.2% after saying it was on track to roll out new,

Nvidia stock trades lower, ASML rises after fourth-quarter bookings top analysts’ forecasts, T-Mobile smashes profit expectations, and Wall Street awaits quarterly earnings Wednesday from Tesla, Microsoft,

U.S equity futures turned lower in early Wednesday trading, while the dollar extended gains and Treasury yields dipped, as investors looked for clarity on two key issues from today's Federal Reserve interest rate decision and fourth-quarter earnings updates from three megacap tech giants.

Dow Jones futures edged lower early Thursday, while S&P 500 futures and Nasdaq futures rose modestly. Tesla, Meta Platforms, Microsoft headlined a huge slate of Wednesday night earnings, with ServiceNow and IBM also key.

Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.